Regentatlantic Capital LLC Increases Position in Molson Coors Brewing Co (TAP)

April 17, 2018 - By Nellie Frank

Molson Coors Brewing Company (NYSE:TAP) LogoInvestors sentiment decreased to 1.11 in Q4 2017. Its down 0.07, from 1.18 in 2017Q3. It dived, as 62 investors sold TAP shares while 138 reduced holdings. 66 funds opened positions while 156 raised stakes. 159.01 million shares or 1.37% less from 161.22 million shares in 2017Q3 were reported. Ww Asset accumulated 14,945 shares. Altrinsic Glob Advsrs Lc holds 1.81% or 573,488 shares in its portfolio. Liberty Mutual Gru Asset Mngmt holds 0.02% of its portfolio in Molson Coors Brewing Company (NYSE:TAP) for 7,361 shares. Drw Secs Limited Liability Company holds 2,592 shares or 0.02% of its portfolio. Piedmont Inv Advsr Ltd Com holds 37,451 shares or 0.06% of its portfolio. Sun Life Fincl holds 0% or 403 shares in its portfolio. Winfield Associates has invested 0.01% in Molson Coors Brewing Company (NYSE:TAP). Symons Cap Mgmt reported 150,265 shares. Cubist Systematic Strategies Ltd Liability has 22,489 shares. United Automobile Association reported 216,115 shares or 0.05% of all its holdings. New York-based Amalgamated Bancshares has invested 0.05% in Molson Coors Brewing Company (NYSE:TAP). Utah Retirement Systems owns 32,103 shares. Fil invested in 5.36M shares or 1.22% of the stock. Howe Rusling Incorporated reported 160 shares. Kentucky Retirement Insurance Tru Fund stated it has 4,907 shares.

Since January 16, 2018, it had 0 insider purchases, and 2 insider sales for $4.74 million activity. Shares for $4.73 million were sold by COORS PETER H.

Regentatlantic Capital Llc increased its stake in Molson Coors Brewing Co (TAP) by 1269.02% based on its latest 2017Q4 regulatory filing with the SEC. Regentatlantic Capital Llc bought 89,885 shares as the company’s stock declined 8.47% with the market. The institutional investor held 96,968 shares of the beverages (production and distribution) company at the end of 2017Q4, valued at $7.96 million, up from 7,083 at the end of the previous reported quarter. Regentatlantic Capital Llc who had been investing in Molson Coors Brewing Co for a number of months, seems to be bullish on the $15.88 billion market cap company. The stock increased 0.07% or $0.05 during the last trading session, reaching $73.6. About 965,760 shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 23.05% since April 17, 2017 and is downtrending. It has underperformed by 34.60% the S&P500.

Molson Coors Brewing Company (NYSE:TAP) Ratings Coverage

Among 10 analysts covering Molson Coors (NYSE:TAP), 7 have Buy rating, 0 Sell and 3 Hold. Therefore 70% are positive. Molson Coors had 16 analyst reports since October 23, 2017 according to SRatingsIntel. On Monday, January 8 the stock rating was maintained by Cowen & Co with “Hold”. The firm has “Buy” rating given on Monday, February 5 by BMO Capital Markets. The firm has “Buy” rating by Citigroup given on Thursday, April 5. On Monday, February 12 the stock rating was upgraded by Credit Suisse to “Outperform”. The rating was maintained by Citigroup on Friday, November 3 with “Buy”. Credit Suisse maintained the stock with “Outperform” rating in Thursday, February 15 report. Stifel Nicolaus maintained the shares of TAP in report on Friday, December 22 with “Buy” rating. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Buy” rating by Stifel Nicolaus on Thursday, February 1. The firm has “Hold” rating given on Thursday, February 8 by Berenberg. The stock of Molson Coors Brewing Company (NYSE:TAP) has “Buy” rating given on Thursday, March 22 by Susquehanna.

Molson Coors Brewing Company (NYSE:TAP) Institutional Positions Chart

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